IV. Pre Audit Report - Teresa McAlpine from SDK presented results of the pre-audit, geared to helping NMSA be ready for a MN State Audit. See attached overview from SDK.

Motion to accept the report submitted to the NMSA Board by SDK by Lisa McDaniel. Lisa Langsdorf seconds the motion. Motion carries.

V. New Business -

Pre-Audit

Accrual Accounting - moving towards accrual accounting will provide a more accurate way of tracking records and liabilities.

Motion to move forward with accrual based accounting system made by Lisa McDaniel; Nichole Schroeder seconds the motion. Motion carries.

2. Fiscal Year - Motion to move our fiscal year (currently calendar year) to our soccer year (August 1 - July 31). This would entail finishing our 2017 year on Dec 31st, then begin an abbreviated fiscal year of Jan 1 - July 31,2018. August 1, 2018 would begin our first new fiscal year (8/1/18 - 7/31/19). Antoine makes motion, Lisa Langsdorf seconds the motion. Motion carries.

3. Records Storage - DIscussion about where things are currently.

Motion made by Lisa Langsdorf to move towards cleaning up our record storage. We will reset our record storage standards with recommendations from SDK and start implementing as club policy. Antoine Ziegler seconds the motion. Motion carries.

4.Chart of Accounts - We would like permission to do a deep-dive into our chart of accounts that are set-up and start merging accounts, making accounts more consistent. Doing this will help us see how profitable each program is much easier.

Lisa Langsdorf motions to move forward with digging into our current chart of accounts and making recommendations to amend. David LaFlamme seconds the motion. Motion carries.

A. Comp – Brady - Propose changing the Comp paying time rules - updating from 30% to 50% of playing time per season; sending this to the Academy committee for review/input as well. Comp website updates - working on getting bios for all trainers, Kimberly will follow up. Meeting dates will be posted but no agenda or minutes from meetings.

B. Academy – Mike F. - Training Kits are being ordered, final roster confirmation have been sent, US Club registrations are in process. Indoor trainings - working on covering any gaps for November/December. Budget reviews - scheduling team meetings. Twin Cities Soccer League (TCSL) preparing for future team formation impact. Teams are completing their first round of player evaluations.

C. Rec – David LaFlamme - Fall Rec Jamboree is this coming Saturday. There are still some volunteer openings. U8 rules will be reviewed prior to spring season.

D.Tournament - Antoine - we are moving forward with tournament dates May 11 - 13th. We are moving our focus to C2, C3 and comp prep teams and keeping the jamboree format. Application has been submitted to MYSA.

E. PACT Policy - Fred recently shared 17 policies with the board. Recommends moving forward with posting these policies online and not doing PACT/PCA going forward. These policies will need to be reviewed and make sure policies are stated correctly for NMSA.

Comp Committee recommends that the Parent Code of Conduct and Player Code of Conduct are signed during registration. Lisa McDaniel seconds the motion. Motion carries.